December 13, 2024 at 02:58PM The FTC warns of a significant rise in online job scams, particularly “task scams,” which lure victims with promises of easy money through simple tasks. Reports soared from 5,000 in 2023 to 20,000 in 2024, causing losses exceeding $220 million, with a notable increase attributed to these scams. ### Meeting … Read more
December 13, 2024 at 07:02AM The US dismantled Rydox, a cybercrime marketplace for stolen personal information, arresting three Kosovo nationals linked to its administration. Active since 2016, Rydox generated over $230,000 in illicit sales. The US seized its domain and cryptocurrency, while the suspects face serious charges, including identity theft and money laundering. ### Meeting … Read more
December 13, 2024 at 02:15AM The U.S. Department of Justice shut down the Rydox marketplace, arresting its Kosovo administrators for selling stolen personal information and cybercrime tools. Rydox facilitated over 7,600 sales, generating $230,000. Additionally, Nigerian national Abiola Kayode was extradited for his role in a $6 million email fraud scheme. ### Meeting Takeaways 1. … Read more
December 13, 2024 at 02:06AM Dubai Police are being impersonated by fraudsters in a phishing campaign targeting mobile users in the UAE. The attackers send messages with fake URLs, aiming to harvest personal and financial information. Cybercriminals exploit the UAE’s digital vulnerabilities, urging organizations to enhance cybersecurity measures and cooperate with law enforcement against evolving … Read more
December 12, 2024 at 03:26PM The U.S. State Department is offering up to $5 million for information on North Korean front companies involved in illegal remote IT work, generating millions to support nuclear programs. Fourteen “IT warriors” were indicted for identity theft and fraud, highlighting ongoing risks of North Korean infiltration in U.S. businesses. **Meeting … Read more
December 12, 2024 at 02:42PM The U.S. Justice Department indicted 14 North Korean nationals for a scheme posing as remote IT workers to commit sanctions violations, fraud, and identity theft, allegedly earning $88 million over six years. They used stolen identities and advanced tactics to access U.S. companies, highlighting the threat of North Korean cyberattacks. … Read more
December 12, 2024 at 11:46AM Spanish and Peruvian police arrested 83 individuals involved in a major voice phishing scam, seizing cash and tech during 29 raids. The scammers impersonated banks, defrauding over 10,000 victims of €3 million by using spoofed calls to extract sensitive information. Authorities advise against sharing personal bank details without verification. ### … Read more
December 12, 2024 at 11:09AM Byte Federal, the largest U.S. Bitcoin ATM operator, experienced a data breach affecting 58,000 customers due to a GitLab vulnerability. Sensitive information like names, social security numbers, and contact details were accessed. The company has secured its systems and urges customers to monitor for fraud but does not offer identity … Read more
December 9, 2024 at 04:24PM Five suspects were arrested in Belgium for a large-scale phishing operation across Europe, deceiving victims into sharing bank information. They stole millions, funding a lavish lifestyle, including luxury goods and nights out. Law enforcement continues to pursue similar cybercriminals, emphasizing a crackdown on those flaunting their crimes on social media. … Read more
December 9, 2024 at 11:56AM Eight members of an international cybercrime network were arrested in Belgium and the Netherlands for stealing millions of Euros from victims and establishing fraudulent Airbnb centers. **Meeting Takeaways:** 1. **Arrests Made**: Eight members of an international cybercrime network have been apprehended. 2. **Scope of Crime**: The network was involved in … Read more